How is furlough changing and when will it end?
Although lockdown restrictions have been lifted here in the UK, Covid-19 is still posing a number of challenges, especially when it comes to protecting the economy. And, with the Government furlough scheme, which has protected millions of jobs over the past year, due to end in September, many people are worried if there will be…
What to do about deferred VAT payments – everything you need to know.
Back March 2020, when Covid first locked down the UK, HMRC announced that they would allow business owners to defer VAT payments due between 20 March 2020 and 30 June 2020 to 31 March 2021, helping struggling businesses during the pandemic. This came as welcomed news to many businesses operating across a diverse range of…
Government backed coronavirus loans – everything you need to know
Government backed coronavirus loans – everything you need to know Since the pandemic began wreaking havoc throughout the UK economy, the Government has been working hard to protect businesses across a diverse range of sectors, after many have been forced to close their doors during periods of lockdown. However, many businesses have found it difficult…
Further easing of Covid restrictions confirmed for 12 April – what does this mean for UK businesses?
It was the news we were all waiting for in anticipation. On Monday 5th April 2021, Boris Johnson announced to the nation that further easing of Covid restrictions would go ahead as planned in the roadmap on April 12. But what does this mean for UK businesses? This means that outdoor pubs, shops, gyms, outdoor…
Furlough Scheme Extended in Response to Latest Lockdown
Furlough Scheme Extended in Response to Latest Lockdown As England and Scotland return to a full lockdown, the Furlough Scheme has once again been extended in order to support businesses and employees who are unable to work as a result of the restrictions. The scheme was originally due to end at the end of…
Covid 19 – What is happening to the furlough scheme?
The UK Government’s furlough scheme was first introduced in March 2020, in a bid to prevent mass redundancies as Coronavirus gripped the UK. Subsidising the wages of people who can’t do their jobs due to Covid-19 restrictions, or due to the fact that there simply isn’t enough work available, the furlough scheme has already been…
What are the latest changes to Coronavirus support for businesses?
What are the latest changes to Coronavirus support for businesses? | 4 minute read Covid-19 has had a significant impact on the world’s economy and has forced many businesses to have to shut their doors to the public. And, with a second wave of the virus just getting started, businesses and employees have been…